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Skeena Intersects 14.73 g/t AuEq over 36.85 m at Eskay Creek

VANCOUVER, BC / ACCESSWIRE / January 14, 2020 / Skeena Resources Limited (TSX.V: SKE)( OTCQ...

articleSkeena Resources LimitedJanuary 14, 20203/company/skeena-resources-ltd/news/skeena-intersects-1473-gt-aueq-over-3685-m-at-eskay-creek
Skeena Intersects 14.73 g/t AuEq over 36.85 m at Eskay Creek

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[{"type":"text","content":"Skeena Intersects 14.73 g/t AuEq over 36.85 m at Eskay CreekVANCOUVER, BC / ACCESSWIRE / January 14, 2020 / Skeena Resources Limited (TSX.V:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to announce additional gold-silver drill results from the2019 Phase I surface drilling program at the Eskay Creek Project (\"Eskay Creek\") located in the Golden Triangle of British Columbia. Four surface drill rigs were utilized for the 2019 Phase I program in the 21A, 21E and HW Zones to infill and upgrade areas of inferred resources to the indicated classification. Drill hole results reported in this release are from the 21A, 21E and HW Zones. Reference images are presented at the end of this release as well as on the Company's website.Phase I Eskay Creek Drilling Highlights:10.14 g/t Au, 345 g/t Ag (14.73 g/t AuEq) over 36.85 m 21A (SK-19-170)2.90 g/t Au, 278 g/t Ag (6.60 g/t AuEq) over 57.90 m 21A (SK-19-153)4.14 g/t Au, 151 g/t Ag (6.15 g/t AuEq) over 61.50 m 21A (SK-19-151)7.01 g/t Au, 114 g/t Ag (8.53 g/t AuEq) over 37.89 m 21A (SK-19-160)4.09 g/t Au, 52 g/t Ag (4.78 g/t AuEq) over 59.00 m 21A (SK-19-148)6.34 g/t Au, 42 g/t Ag (6.91 g/t AuEq) over 34.00 m 21A (SK-19-167)8.33 g/t Au, 51 g/t Ag (9.02 g/t AuEq) over 18.45 m 21A (SK-19-164)Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. Reported core lengths represent 80-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling. Grade capping of individual assays has not been applied to the Au and Ag assays informing the length weighted AuEq composites. Processing recoveries have not been applied to the AuEq calculation and are disclosed at 100%. Samples below detection limit are nulled to a value of zero.21A Zone Continues to Demonstrate Increased Grades and Widths2019 Phase I drilling within the 21A Zone continues to return both higher Au-Ag grades and thicknesses than expected. The newest infill hole SK-19-170 intersected 10.14 g/t Au, 345 g/t Ag (14.73 g/t AuEq) over 36.85 m (refer to attached section). This drill hole was originally designed to add confidence to the inferred resources; however, the intersection has established both higher grades and greater widths than the surrounding historical drill holes. For comparison, the nearest historical drill hole CA89-078 only intersected 7.16 ...

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